Job Numbers Actually Not Great, New Data Suggests
Ted Dabrowski, Vice President of Policy at the non-partisan Illinois Policy Institute, says that while the unemployment rate in Illinois is the lowest it's been in years, at 6.8%, that's because people were halting their search for work and dropping out of the workforce entirely, not because they actually found jobs. In July alone, the Illinois workforce shrank by 17,000.
Dabrowski says a better indicator for Illinois economic state are private job creation numbers, and Dabrowski says they don't look good.
"Illinois in the first seven months has lost 6,000 private sector jobs. That compares to Indiana, who has created 28,000 private sector jobs this year, and Missouri who has created 29,000. We're dead last. That's bad however you want to look at it" said Dabrowski.
According to BLS numbers, Illinois has 170,000 fewer payroll jobs today than before the 2008 recession and is dead last in the entire country in terms of job creation.
The Illinois Policy Institute says that only two states--Illinois and Alaska, have lost payroll jobs in 2014.
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